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$266,000
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Property Description
Studio on iconic Ocean Dr. in the highly desirable South of Fifth neighborhood. Steps from world-class dining,nightlife, shopping, parks, and directly across from the beach. Excellent income-producing opportunity-currently rented at $1,800/month. Rentals allowed immediately after purchase (no short-term/Airbnb). Building offers covered parking (spaces rented via HOA) and has recently completed its 40-year recertification. No pets. Quarterly maintenance. Owner has two additional units for sale, including one next door. Showings Mon-Fri, 10am-6pm,with 24hr notice. Call owner/agent for showing.
Full Property Details
Full Property Details for 158 Ocean Dr #406
General
- Price: $266,000
- HOA FEE: $981/month
- HOA FEE FREQ.: Quarterly
- Taxes: $3,141 (2024)
- Status: Active
- Type: Co-op
- Source: Greater_Miami
- MLS ID: A11883843
- Updated: 9/28/2025
- Added to Site: 124 day(s) ago
Interior
- Interior Features: First Floor Entry
- Appliances: Gas Range, Refrigerator
- Furnishings: Unfurnished
- Flooring: Ceramic Floor
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Bedroom Features: Studio
Other Rooms
- Laundry: Common Area
Additional Information
- Shared Amenities: Laundry, Community Room, Elevator(s), Exterior Lighting
- Maint. Includes: Building Exterior, Common Area, Elevator, Landscaping/Lawn Maintenance, Laundry Facilities, Manager, Outside Maintenance, Reserve Fund, Roof Repairs, Sewer, Water
- Security/Safety: Complex Fenced, Elevator Secure, Secured Garage/Parking
Exterior
- Exterior Features: Exterior Cat Walk
- Deck/Patio: Open Porch
Parking
- Parking Features: Covered, Parking-Under Building, Space Rented
Location
- Area: Ocean Beach Fla Sub
- County: Miami-Dade County
- Subdivision: OCEAN BEACH FLA SUB
- Building Name: Ocean Towers
Community
- Community Name: Ocean Beach Fla Sub
- Association: Yes
- Units Assoc/Comm: 21
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Window/Wall
Structural Information
- Structure Type: Co-Op 1-4 Stories, Co-Op
- Detached/Attached: Attached
- Construction: CBS Construction
- Doors: High Impact Doors
- Entry Floor Number: 4
- Building Size: 400
- Square Feet: 400
- Living Area: 400 Sq. Ft.
- Year Built: 1961
Unit Information
- Units in Complex: 21
Lot Features
- Property View: Garden View
Financial Considerations
- Price Per Sq. Ft.: $665
- Association Fee: $2,943
- Assoc Fee Freq.: Quarterly
- Tax Amount: $3,141
- Tax Year: 2024
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: OCEAN BEACH FLA SUB PB 2-38 LOT 1 BLK 2 OCEAN TOWERS INC - CO-OP #406 4.86% OF OWNERSHIP OR 19573-2068 0301 5
- Restrictions: Exterior Alterations, No Daily Rentals, Okay To Lease 1st Year
- Property ID: 02-42-03-077-0200
Listed by Marela Properties, LLC
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Schools
Schools serving 158 Ocean Dr #406
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
South Pointe Elementary School 1050 4th Street, Miami Beach, FL 33139 | PK-5 | 0.4 mi |
Nautilus Middle School 4301 N Michigan Ave, Miami Beach, FL 33140 | 6-8 | 3 mi |
Miami Beach Senior High School 2231 Prairie Avenue, Miami Beach, FL 33139 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 158 Ocean Dr #406
Date
Details
Price
Change
Source
9/15/2025
Listed
$266,000
49.44%
MLS
5/01/2014
Sold
$178,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 158 Ocean Dr #406
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,272
3%
$174,116
—
2023
$3,180
10%
$174,116
16%
2021
$2,898
3%
$150,100
—
2022
$2,820
-3%
$150,100
-5%
2021
$2,898
-5%
$158,000
—
2019
$3,062
3%
$158,000
—
2018
$2,973
-1%
$158,086
—
2017
$3,010
-1%
$158,086
1%
2016
$3,053
8%
$156,662
10%
2015
$2,822
-2%
$142,420
—
2014
$2,894
30%
$142,420
30%
2013
$2,228
—
$109,550
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 158 Ocean Dr #406
158 Ocean Dr #406, Miami Beach, FL 33139 (MLS# A11883843) is a Co-op property with 0 bedrooms and 1 full bathroom. 158 Ocean Dr #406 is currently listed for $266,000 and was received on September 15, 2025. Want to learn more about 158 Ocean Dr #406? Do you have questions about finding other Co-op real estate for sale in Miami Beach? You can browse all Miami Beach real estate or contact a Coldwell Banker agent to request more information.

